There are four common repayment methods of bank loans: equal principal and interest repayment, equal principal repayment, one-time principal and interest repayment and regular principal repayment.

The following is a detailed introduction:

Matching principal and interest repayment: this is the most common repayment method, and the general bank will also recommend the borrower to adopt this repayment method. Because this repayment method has the same repayment amount every month, it is convenient for borrowers to remember and arrange income and expenditure, and it is suitable for borrowers with stable income. However, because the interest will not decrease with the repayment of the principal, it is precisely because of this that the total interest on repayment is relatively high and it takes a long time to occupy bank funds.

Average capital repayment method: This repayment method can save a lot of interest compared with the equal principal and interest repayment method, but the amount to be repaid in the early stage is more, so the repayment pressure in the early stage is greater, but the repayment pressure will decrease month by month, which is suitable for borrowers with better economic income.

One-time repayment of principal and interest: Although this repayment method is simple to operate, it is not suitable for loans with a loan term of one year or less.

Repayment of interest and principal on schedule: The borrower can negotiate with the bank to specify the repayment time according to his own economic situation. Not all banks have this repayment method, which is suitable for borrowers with unstable income.